Not a good year for the legendary Queensbridge M.C. Kelis wanted 50k per month in support, now the Feds are afer him for $2.5 million in back taxes. Nas, i'm about to go out and pick up a few copies of your CD's. I'ma put something on that $2.5 for you big homie. Peep the rest of the story below.
Two weeks after Method Man was arrested for tax evasion another New York MC has to pay the tax man. The IRS filed a lien against Nas claiming he owes $2,584,206.31 in unpaid taxes on income earned in 2006 and 2007.
In 2006 Nas signed a four album deal with Def Jam Records worth anywhere between $4 and $11 million dollars.
Nas was ordered to pay $44,000 a month in child support to his ex-wife Kelis in the summer of 2009. Not satisfied with the judgment, Kelis claimed that Nas was lying about his income and actually made $11 million dollars for his deal with Def Jam.
Nas claimed the amount was much less. Kelis reportedly earns $21,616 a month through her music career.
Is the IRS targeting rappers? Are rappers hiring bad accountant's? I'm not sure, but I hope these issues are rectified to avoid further embarrassment.
Nas is currently readying a joint album titled Distant Relatives with Damian "Jr. Gong" Marley.
From: The Examiner
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